Fluorides; of Aluminium Price in Hong Kong SAR - 2022

Contents:

1. Fluorides; of Aluminium Price in Hong Kong SAR (FOB) - 2022
2. Fluorides; of Aluminium Price in Hong Kong SAR (CIF) - 2022
3. Fluorides; of Aluminium Exports in Hong Kong SAR
4. Fluorides; of Aluminium Imports in Hong Kong SAR

Fluorides; of Aluminium Price in Hong Kong SAR (FOB) - 2022

The average fluorides; of aluminium export price stood at $1,340 per ton in 2022, waning by -4.8% against the previous year. Over the period under review, the export price recorded a precipitous decline. The pace of growth was the most pronounced in 2016 an increase of 3,199% against the previous year. As a result, the export price reached the peak level of $43,317 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($1,430 per ton), while the average price for exports to Brazil totaled $1,336 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-10.1%).

Fluorides; of Aluminium Price in Hong Kong SAR (CIF) - 2022

The average fluorides; of aluminium import price stood at $13,987 per ton in 2022, increasing by 26% against the previous year. Overall, the import price, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 94% against the previous year. The import price peaked at $26,811 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -3.3% per year.

Fluorides; of Aluminium Exports in Hong Kong SAR

In 2022, the amount of fluorides; of aluminia exported from Hong Kong SAR skyrocketed to 795 tons, increasing by 54% compared with the year before. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.1% against 2020 indices.

In value terms, fluorides; of aluminium exports soared to $1.1M in 2022. Overall, exports continue to indicate a mild increase.

Top Export Markets for Fluorides; of Aluminium from Hong Kong SAR in 2022:

1. Brazil (761.0 tons)
2. Denmark (34.2 tons)

Fluorides; of Aluminium Imports in Hong Kong SAR

In 2022, approx. 4.9 tons of fluorides; of aluminia were imported into Hong Kong SAR; with a decrease of -56.6% on 2021 figures. In general, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 436%. As a result, imports attained the peak of 11 tons, and then dropped sharply in the following year.

In value terms, fluorides; of aluminium imports reduced dramatically to $68K in 2022. Overall, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 938% against the previous year. As a result, imports reached the peak of $124K, and then reduced sharply in the following year.

Top Suppliers of Fluorides; of Aluminium to Hong Kong SAR in 2022:

1. Thailand (4.9 tons)

Source: IndexBox Market Intelligence Platform